Not if it's priced appropriately. Some countries have different prices for residential areas vs businesses vs industry. For residential areas they might do so

Not if it's priced appropriately. Some countries have different prices for residential areas vs businesses vs industry. For residential areas they might do something like first 10 kWh = $0.01/kWh, next 20 kWh = $0.02/kWh, etc. This punishes people who use excessive amounts and helps keep electricity affordable for people living in poverty. It's the US's fault for not implementing something like that (and I'm one of the people living in it).